On March 1, 2023, Fannie Mae issued Announcement SEL-2023-02, which addressed several different lending-related topics. Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives…
This week’s top stories on appraisal cover an appraisal waiver request, and what this could mean for the appraisal profession. If you are ever subpoenaed, you will want to prepare properly for court. Many are concerned about the potential for another housing bubble. If…
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